The Arc Pikes Peak Region

Analysis

The Arc Pikes Peak Region is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in March 1957, 69 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Arc Pikes Peak Region reported income of $2.3m and spending of $1.8m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+23%), an average of +5.4% a year. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Arc Pikes Peak Region sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Delta Area Transit Authority ($2.3m), Cardinal Shehan Center Inc ($2.3m) and Ballistic United Soccer Club Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $218k (12% of expenses). Other salaries and wages came to $684k. At year end it held assets of $6.8m against liabilities of $413k, net assets of $6.4m. It reported 26 employees.